FRANKFURT (Dow Jones)–Euro area banks’ demand for liquidity from the European Central Bank (ECB) has increased during the one-week main refinancing operation. As the ECB announced, 7.677 billion euros were allocated after 7.498 billion in the previous week at a fixed interest rate of 4.50 percent. The bids from 47 (previous week: 48) institutions were fully satisfied. The banks in the euro area thus obtained 0.179 billion euros more ECB liquidity. The new deal is valued on October 18th and is due on October 25th.
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(END) Dow Jones Newswires
October 17, 2023 05:34 ET (09:34 GMT)